There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 13 Dissenters' Rights
271B.13.230 Duty to demand payment.
Download pdfbefore the date required to be set forth in the dissenters' notice pursuant to
subsection (2)(c) of KRS 271B.13-220, and deposit his certificates in accordance
with the terms of the notice. (2) The shareholder who demands payment and deposits his share certificates under subsection (1) of this section shall retain all other rights of a shareholder until these
rights are canceled or modified by the taking of the proposed corporate action. (3) A shareholder who does not demand payment or deposit his share certificates where required, each by the date set in the dissenters' notice, shall not be entitled to
payment for his shares under this subtitle. Effective: January 1, 1989
History: Created 1988 Ky. Acts ch. 23, sec. 129, effective January 1, 1989.
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